By Dietrich Knauth NEW YORK (Reuters) -Overstock.com intends to sunset its company name and rebrand as Bed Bath & Beyond…
Category: Economy
Chip stocks drop as U.S. mulls fresh curbs on AI access to China
By Medha Singh (Reuters) – Shares of U.S. chipmakers fell on Wednesday following reports that the Biden administration was planning…
Wall Street ends sharply higher, dollar softens as data points to economic resilience
By Stephen Culp NEW YORK (Reuters) – U.S. stocks advanced in a broad rally on Tuesday, and the dollar softened…
Volvo EVs to now have access to Tesla superchargers
(Reuters) – Swedish carmaker Volvo Cars said on Tuesday it had signed an agreement with Tesla to give its electric…
JPMorgan Chase $290 million settlement with Epstein accusers wins preliminary approval
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday granted preliminary approval to JPMorgan Chase’s…
Investors watch for quarter-end rebalancing in US stocks, bonds and options
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors are watching a large hedged-equity fund’s quarterly refresh of its options positions…
Group Black to buy majority stake in Sports Illustrated publisher – WSJ
(Reuters) – Group Black is in talks to buy a majority stake in Arena Group Holdings Inc, the publisher of…
US stocks slip, crude gains on Russia tensions, rate hike worries
By Stephen Culp NEW YORK (Reuters) – Wall Street lost ground on Monday and crude prices advanced as investors digested…
Oil prices inch higher after political turmoil in Russia
By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global…
Investors shelve China assets before bigger stimulus
By Summer Zhen HONG KONG (Reuters) -Investors are waiting for a big burst of stimulus from China before they make…